The same politicians that have the common people's lives wrapped around their finger in making them pay for this crap? I wonder who the real monkeys are in scenario.
The conclusions of that $600,000 study: Researchers discovered that chimps that threw objects with a higher rate of accuracy had a more developed left brain hemisphere. Chimpanzees that tossed food, poo and other objects at others were some of the better communicators and more socially intelligent members of their respective troops. Note that the chucking chimps were more apt at self-expression, but they did not fare any better at physical tests than other apes. In summary, chimps throw objects at others while looking a reaction from the “recipient” of the item. Great use of taxpayer dollars if I must say so myself.
Mohamed Habib Tounsi I’ve live in the UK not the US. But It is so nice to find that it is not just the US Government that employs idiots who have no financial (or common) sense whatsoever. Good to know all countries are the same
0:47 there is another important video right there. The Profitable Business of Donating. It's corporate business 101 for lobbying with/against politicians for laws, funds, competitor blocking that benefit your business. Wisecrack's "Bill Gate's" video, slightly touched the "art of donating". It's also mob's new and "cleaner" way of dealing with modern politics.
Just wait for the next us civil war or ww3 the CIA will be handing arms and cash out to domistic terrorist eformed militia groups faster than they can grab it.
@Internet Troll it depends the circumstance, it tax avoidance would be turning down a raise or buying less goods to pay less taxes, or legal measures to pay less taxes, while tax evasion would be using illegal measures to avoid paying taxes
@Hector 1006 that’s one way, they also spend large amounts of money in research and development, which gives a tax credit, they give people in senior positions stock options, which can be a tax credit, they invest the majority or all of their profits in some cases back into the company so they don’t register as many profits, which mean there is less to tax, and other stuff
Step 1: Act broke Step 2: file for bankruptcy Step 3: let the govt bail u out Step 4: seek investors and let them handle the risks involved Step 5: don't pay tax and use loopholes Step 6: create fake companies and send money to abroad to tax havens Step 7: hire workers on a temporary contract and lay off the rest from time to time Step 8: have big connections to major political parties
It’s been awesome seeing his growth. He actually inspired me to start creating content. Here is a video I made on Elon musk’s vision th-cam.com/video/y670MxNY5yM/w-d-xo.html
Where? Even if you do, you'll still be inside the country. Jean Jacques Rousseau did that and they went after him for because he wasn't paying taxes for existing.
But Jake, if we follow all of your advice and end up taking the fall for our Yakuza boss or getting exposed by one of our less then reliable business associates, we're probably going to end up locked up in prison! So we're going to need some advice on how to handle that situation!
You want to know something after the church of scientology lost their tax exemption status by the IRS in the 1950s they launched a war against the agency and that lasted 40 years.... and they WON! with the IRS granting them Tex exemption status in 1993 Meaning even the all powerful IRS knelt before the church of scientology 😳
If you want to be successful have the mindset of the rich spend less and invest more don't give up your dreams, I pray that whoever likes and reads this will be successful.
@@kingali1606 Sales tax is generally considered to be levied on consumer not businessmen and if you are talking about consumer side of things then it becomes lesser of your percentage income as your income grows.
Rich and powerful doesn't hide their wealth. They pay taxes but most of their wealth is not taxable because they invest in company shares. Company shares are not taxable
Epic vid Jake. Your story telling ability is always getting better. Could you make a video on how you make your videos, the research process & crafting the story? Cheers
I have a half sister, who's father is the son of a multi-millionare, My mother only recieves like 172 CAD a month in child support because on paper as far as the government is concerned, Daddy is low income, and only has to spend the minimum on child support, but Daddy also has a 6 car garage, a dozen vehicles, and god knows how much more because his father pays him under the table.
With a good investment plan that ensures steady incomes without any doubts you can prepare for a well organized retirement. I've read articles of investors that made as much profit within a few months I'd like to know what you think they invested in and their strategies
Absolutely right! Getting a proper guide is needed especially when it has to do with investment. The financial market don't work the way we see/think it does. I've lost quite an amount taking investment decisions on my own, SMH.. I won't try that next time
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
@@tectonical5347 Yes its moral because it's money that you earned. You should benefit from your own labor. Plus if you want to talk morality. In England, income tax was supposed to be a temporary measure to fund the Napoleonic wars. In America, income tax was introduced during the civil war but was scrapped and only reintroduced in 1913 . This was only a 1% tax rate and applied to only 3% of the population. I would argue it's immoral to have taxes in the first place, but if they exist anything more than 1% is immoral. If you think that's ridiculous, I lived in Dubai for a few years. They have zero income tax and zero capital gains and they have a functioning country with welfare for it's citizens.
2:01 - Wrong. The government depends on tax dollars to guarantee interest payments on the National Debt. The government is financed almost entirely by inflation.
@@andrasbiro3007 Good. They need to de-fund a huge portion of the government. Schools have been on the decline ever since they went public and their students were given guaranteed loans. Social security and medicare are going to fall off a massive cliff. Businesses are lobbying in the tens of millions to create laws that ensure they never fail or receive competition as a sort of Psuedo-monopoly, thousands of small projects and unimportant research funds are sucking dozens of billions of dollars out of the government's pockets every year while our economy hits recession after recession like it's football season and the government just goes "Haha, federal reserve money printer goes brrrr" as the US dollar loses its value until one day Americans are gonna find out that the savings they stash today are going to be chump change in the future. If you're a young person in America right now you should be concerned because if things continue the way that they are this economy is not going to get any better at all by the time you look to retire.
@@Koubles You have an uniquely twisted idea on the world. You seem to be aware of the bad things that are happening, but you sound like you think they are good? Very confusing. Let's go through the list. 1. Schools are on the decline since republicans are defunding them as much as they can, to help private schools which are often scamming students. 2. Yes, social security and medicare are under constant attack from republicans. And that's an existential threat for the country. When a large part of the population loses all hope, they'll grab pitchforks, or in the case of America, assault riffles and will take what they feel is their fair share. 3. Yes, large corporations can legally bribe politicians and essentially write the laws themselves, which leads to monopolies or oligopolies. Why exactly do you think this is a good thing? 4. Yes, small businesses and small research projects are getting killed. So innovation slows to a grinding halt, because big corporations can't and don't even want to innovate, with maybe a few exceptions. Without innovation the US will lose it's technological lead and with that it's economic power, and with that it's political influence and military superiority too. And China is happy to take the role of world leader. In fact, it's already happening. 5. Recessions are caused by greedy banks doing risky investments, big corporations buying back shares instead of keeping a healthy cash cushion and politicians giving huge tax cuts to the rich and big corporations and wasting even more money on the military, instead of reinforcing social security and paying back their debt, which would help tremendously in a recession, or even prevent it. Interestingly European countries don't experience recessions. 6. Yes, since 2008 the government completely gave up on any resemblance on fiscal responsibility and just printing money all the time. This has of course many pretty bad consequences, especially when that money goes to big banks and big corporations, not average Joe. And yes, that's going to destroy your savings. 7. No the economy isn't getting better since the seventies, it's getting worse. Many economist are saying that since 2008 the US economy is on life support. And that's before the pandemic which caused an unprecedented GDP drop, extremely high unemployment and countless bankruptcies. I don't know how will the US even survive this clusterfuck.
@@andrasbiro3007 there is no point to talk with lolbertarians it's a meme ideology, just tell them to go live in Somalia, and that taxes are a social contract and that they have to obey, and then watch them fall on their own words
Since 2018, the AEOI (automatic exchange of information) have been implemented under the CRS (Common Reporting Standard) from OECD which oblige the banks to know their customer and report them to their country of residence. You can't hide behind Nominees as you have to disclose the name of your ultimate beneficiary to the bank. I'm not even discussing the AML- CFT rules that put even more pressure on the banks and make your life hell if you try to open a bank account in one of those offshore jurisdictions. Malta and Panama are 2 interesting jurisdictions but they both signed the CRS so you have zero anonymity. What you are saying was one day possible but nowadays you have to be MUCH more creative to evade money. As non american though, Delaware is interesting because we can do exactly what you described without being reported as US didn't sign the CRS.
Exactly, your last sentence explains everything. The same rules/legislation they have for Delaware has been modified even more in South Dakota. In effect a shell company can own another shell company. That's where all of the new ill begotten money is going.
Thank you Jake for introducing me to Extra. Once my credit is snatched I’ll feel like a boss and ditch this Nissan and trade my chihuahua in for a poodle. 🥂🐩👛
Jake, I know that by doing research you often find nuggets of info that could be used for content but not necessary for the project/topic you're researching but interesting nonetheless, would you consider making or outsourcing (team, partner/employee
Delightful😁 i dont know who need to hear this but saving money wont make you a millionaire investing will, so take out some money and invest, but invest wisely
2:15 I mean at the State and local level yes, at the Fed level? ever since 1972, the power of money making is in Congress. Taxation is just a deflationary effort to ensure we don't make the dollar worthless by printing too much and leaving too many dollars in circulation. as long as Congress Spends, and the IRS taxes the right way? the system works. but not everyone likes paying Taxes. i can understand, with how backwards everything is right now.
Hey Jake just wanted to say I love your video format and the class that bleeds from it. You're eloquently spoken and the visuals are always top notch... Cheers!
This is quite interesting and informative but After earning thousands USD on investing with a reliable company, I dare not doubt the trade market, with the right skill you'll be making a fortune off the market
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Wow what a coincidence so you invested with Mr. Briggs Donald also? This man is really dominating the trading zone with his profitable strategies, I’m getting to understand the market properly. Working with Briggs Donald I see how broad and profitable trading the online market can be. I’m most pleased to be under his mentorship.
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I would advise you Invest in the most secure platform with Sir Adams. He comes highly recommended and those that have reached out have great testimonies even myselfExpert Adams has changed my life he has handled my Trading account for a long time now(3months) and I make my maximum profit weekly
Or a video how corrupt Palestinian politicians don’t want the good of their people only stealing money that is supposed to go the Palestinians and putting it in to their pockets or the fact the Mahmoud Abbas is in his 15th year in power of a 4 year term..🤣
Joseph Friedman there no denying that corruptions happens but go look at the charges against your prime minister rn lmao he’s facing corruption harvest that’s the only reason he wants to annex land quickly and the peace deal with the uae saves him also Ehud Olmert was convicted for bribery lmao moshe katsav of rape and countless ministers of your for other stuff so stfu
Paying taxes or not paying taxes , people lose either way , either their country is poor and cant develope , or money goes to power hungry people in charge...
📈 Join the Trends Community today. Get your first two weeks for just ONE dollar. Go to trends.co/jake to get started.
What would you use neuralink for?
Mar zar Hi here is a video I made that explains the purpose of neuralink if you want to check it out :) th-cam.com/video/y670MxNY5yM/w-d-xo.html
Do a video on godmen
Please do a video on Agorism
Hey Jake tran can you recommend any movie or series to watch that's all about business ?
Jake, please make videos on illicit businesses like:-
1) Human Trafficking
2) Organ Harvesting
3) Gun Running
4) Illegal Gambling
5) Loan Sharking
Other topics:-
1) Pharmaceutical Profiteering
2) Tobacco Profiteering
3) Corporate Raiding
hmmmm ........intressting
Tabacco profiteering?? never heard that term in my life
organ harvesting in particular
I agree
patience young tax bypasser
Instructions unclear.
Sitting in a interview room with two FBI agents.
rip
more like IRS agents.
@@VeryProPlayerYesSir1122 😂😂😂
😹😹😹
Yo my homie, stay strong
FBI: *watching the video, thinking about killing Jake*
Jake: "Theoretically, of course!"
FBI: "Ahhhh he's safe, it's just a theoretic video!"
nothing to see here
@@jaketran Move along...move along
By hey its just a theory. A tax evasion theory. Thanks for watching.
"In game"
This is content reaches another level on TH-cam quality.
THANKS DUDE!!
Hey, the poop throwing study was important for US politics. I would say it was money well spent to understand the behavior of politicians.
The same politicians that have the common people's lives wrapped around their finger in making them pay for this crap? I wonder who the real monkeys are in scenario.
People hate politicians way to much😂 why out of the jobs do they get this hate?
@@weirdflex8158theyre studpi
I love how Jake is secretly teaching us about to go offshore.
yep
Wdym secretly? Haha
@Alex theoretically
Utilizing the LEGAL tax law to decrease liability. Honest CPA’s well-worth their fees
@@jaketran theoretically of course.
The conclusions of that $600,000 study: Researchers discovered that chimps that threw objects with a higher rate of accuracy had a more developed left brain hemisphere.
Chimpanzees that tossed food, poo and other objects at others were some of the better communicators and more socially intelligent members of their respective troops. Note that the chucking chimps were more apt at self-expression, but they did not fare any better at physical tests than other apes. In summary, chimps throw objects at others while looking a reaction from the “recipient” of the item.
Great use of taxpayer dollars if I must say so myself.
Thomas Borisov No, the government doesn’t know how to spend money. They spent millions of dollars on software which was rendered useless
Thomas Borisov
I hope so
@@ibraheemkhan7134 If you elect stupid governments, you get stupid spending
Mohamed Habib Tounsi
I’ve live in the UK not the US. But It is so nice to find that it is not just the US Government that employs idiots who have no financial (or common) sense whatsoever. Good to know all countries are the same
stunning and brave
These videos single handedly making the next generation of con artists
Not wanting to pay ridicules amounts of taxes doesn’t make you a con artist
@@marcusj1167 Rich people should be paying "ridicules" amount of taxes
Osiris the rich people will just leave and go to places that have less taxes
Osiris noo corporations and insanely rich people should. but they dont
So Trump is a con artist, because he never said taxes
Thanks Jake this channel is really helping my "theoretical" multimillion dollar startup become as efficient and slimy as possible. Much appreciated.
ayy
@@jaketran when i become rich and succesful i will do what you said because paying taxes if i am rich is useless and stupid.
@@jaketran if i am rich i will never pay taxes to greedy uncle sam.
0:47 there is another important video right there. The Profitable Business of Donating. It's corporate business 101 for lobbying with/against politicians for laws, funds, competitor blocking that benefit your business. Wisecrack's "Bill Gate's" video, slightly touched the "art of donating". It's also mob's new and "cleaner" way of dealing with modern politics.
Bruh your like officially on the FBI watch list now lol
He's been on it for a while now 😂
Even the freaking CCP is watching him
lmao right?
Lol he is FBI or CIA this is a recruiting site. I'd just like to say if it's only murders and rapist on the hit list I'll work with uncle Sam agine.
More like IRS , 😬 Theoretically of course.
FBI Agent : Hey Jaime, James is watching jakes new video
FBI Agent : TURN ON HIS LAPTOP CAMERA, TURN IT ON
lol
Just wait for the next us civil war or ww3 the CIA will be handing arms and cash out to domistic terrorist
eformed militia groups faster than they can grab it.
My FBI agent only watches me while I masturbate.
My laptop has a built in slider that covers my camera it's pretty sick. I have the lenovo legion 5 for anyone wondering
My name is James lol
Why can't we just legally evade taxes like CEO Of Amazon, Caillou?
Tax evasion is illegal, tax avoidance isn't
@@everest8129. what is the difference between "evasion" and "avoidance"???
@Internet Troll it depends the circumstance, it tax avoidance would be turning down a raise or buying less goods to pay less taxes, or legal measures to pay less taxes, while tax evasion would be using illegal measures to avoid paying taxes
@Daily dose of liberty hello libertarian, thanks for the ref
@Hector 1006 that’s one way, they also spend large amounts of money in research and development, which gives a tax credit, they give people in senior positions stock options, which can be a tax credit, they invest the majority or all of their profits in some cases back into the company so they don’t register as many profits, which mean there is less to tax, and other stuff
You forgot to mention that the whistleblower who released the Panama Papers got assassinated by a hitman. Sad world
glad to hear that. fuck this snitch
@@einzelfall1023 Eat the rich, praise the snitch
@@almamater489 cringe ass hivemind
@@einzelfall1023 true
Step 1: Act broke
Step 2: file for bankruptcy
Step 3: let the govt bail u out
Step 4: seek investors and let them handle the risks involved
Step 5: don't pay tax and use loopholes
Step 6: create fake companies and send money to abroad to tax havens
Step 7: hire workers on a temporary contract and lay off the rest from time to time
Step 8: have big connections to major political parties
😂Damn you must be rich!Be my mentor please
That isn't going to work
Congrats homie this year has been great for you first 100k then 200k next is 500k best of luck 🇮🇳 ❤️
It’s been awesome seeing his growth. He actually inspired me to start creating content. Here is a video I made on
Elon musk’s vision
th-cam.com/video/y670MxNY5yM/w-d-xo.html
Must end on a mill
THANKS DUDE!!
What can we say except that he deserves it with the hard work and value he adds to YT
@@jaketran you know you did something great,when an Indian guy calls you homie
Dodging Taxes like I’m Yoshi.
Or..
Listen to Joker and pay your taxes.
Nobody deserves to pay taxes. The u.s. constitution was meant for that purpose. A real american knows this.
@@mrleafbeef634 What's wrong with taxes? They're the reason we have our roads and schools?
@@eyramekpe9945 tax money goes into shady shit like "operation fast & furious", as long as big government exists, taxes will be used on stupid shit
There are countries without taxes yet they arent as powerful as america or China. You wanna be a third world country?
@Imaru Lewis The IRS keeps kryptonite reserves in case Superman doesn't pay his taxes.
Well it's okay because Tax is Theft anyway
[citation needed]
I unironicly agree
Dexter Jettster taxes area subscription to the service of society. Stop paying taxes, go live in the woods.
Anyone who gives up their liberty for a sense of safety deserves neither. - Benjamin Franklin
Where? Even if you do, you'll still be inside the country. Jean Jacques Rousseau did that and they went after him for because he wasn't paying taxes for existing.
@@yuehan6711 Still the country though, I'm out here waiting for ocean cities so I can avoid tax :)
government officials: noo you cant evade taxes!
also government officials: *evades taxes*
Learned from Peter Schiff myself. Just own a company and operate out of Puerto Rico and only pay 14% in corporate tax and 0% in capital gains tax.
Maybe it's time to find some oil in Panama, Seychelles, Cayman Islands etc.
AHAHAHA
Upon, googling it, I found out that Panama has oil.
@@theunknownpersonism America has entered the chat.
This would be very useful if I had more than $7 in my bank account. Still a great video tho
lol
Start evading small amounts and just build up from there.
But Jake, if we follow all of your advice and end up taking the fall for our Yakuza boss or getting exposed by one of our less then reliable business associates, we're probably going to end up locked up in prison! So we're going to need some advice on how to handle that situation!
i gotchu
@@jaketran I give your video 7/10 for lack of more Daredevil references... XD
Save your would be tax money as a retainer to pay off a prison gang for protection. And give them a upfront retainer for good faith.
Hope you're prepared to not drop the soap. Because I don't think any advice in the universe is going to help you get out of that one.
jake actually works for the IRS, he posts these to find out who all are planning to evade taxes so that they can pin on us early on
Yeah I'm definitely planning to commit tax evasion with my annual salary of 1000 dollars
You want to know something after the church of scientology lost their tax exemption status by the IRS in the 1950s they launched a war against the agency and that lasted 40 years.... and they WON!
with the IRS granting them Tex exemption status in 1993
Meaning even the all powerful IRS knelt before the church of scientology 😳
The entire government depends on tax dollars?
CIA: *cough *cough Drugs
I appreciate this video
This is exactly what I need as motivation.
When you invest you're buying a day you don't have to work.
Assets that can make you rich
Bitcoin
Stocks
Real estate
You're right sir, it's obvious a lot of people remain poor due to ignorance
It's better to take risk and make sacrifices than to remain poor.
It's not ignorance but due to some unprofessional expert in the market.
If you want to be successful have the mindset of the rich spend less and invest more don't give up your dreams, I pray that whoever likes and reads this will be successful.
Assets that can make you rich
Bitcoin
Stocks
Real estate
Silver and gold
@@diamondprecious1826 You're right sir, but don't know why people remain poor due to ingnorance.
It's better to take risk and make sacrifices than to remain poor
@Johnson Donald cool 👍
Here I am thinking that the lockdown will affect Bitcoin not knowing that people are busy Investing and making huge profits.
This doesn't solve the entire problem though, there are still those pesky property and sales taxes.
Open a church and put the house in its name
@@HeadOfNothing What about the sales taxes?
@@kingali1606 Sales tax is generally considered to be levied on consumer not businessmen and if you are talking about consumer side of things then it becomes lesser of your percentage income as your income grows.
@@kingali1606 move to Somalia
My boss got destroyed by a tornado yesterday
Rich and powerful doesn't hide their wealth. They pay taxes but most of their wealth is not taxable because they invest in company shares. Company shares are not taxable
Graham wouldn’t do it... so Jake Tran stepped up to the plate.
AHAHAHAHA
Last time I was this early America funded itself mainly through taxes on alcohol.
Epic vid Jake. Your story telling ability is always getting better. Could you make a video on how you make your videos, the research process & crafting the story? Cheers
Video idea.Breaking down specific events.Coups,heists,assassinations etc.
I have a half sister, who's father is the son of a multi-millionare, My mother only recieves like 172 CAD a month in child support because on paper as far as the government is concerned, Daddy is low income, and only has to spend the minimum on child support, but Daddy also has a 6 car garage, a dozen vehicles, and god knows how much more because his father pays him under the table.
I can only imagine how many alerts and red flags your google search history sets off with the IRS and FBI after researching for this video. Lol
Three letters. VPN
Lol, great video.
Are you gonna avoid taxes this way lmaoo
FBI wants to know your location
With a good investment plan that ensures steady incomes without any doubts you can prepare for a well organized retirement. I've read articles of investors that made as much profit within a few months I'd like to know what you think they invested in and their strategies
Most probably Forex, stocks and real estate
Investing is the best way to boycott poverty and secure a brighter future.
And also investing into different streams of income too👍
Start out with a good amount of capital
Absolutely right! Getting a proper guide is needed especially when it has to do with investment. The financial market don't work the way we see/think it does. I've lost quite an amount taking investment decisions on my own, SMH.. I won't try that next time
Thanks Jake for teaching us all these lesson on how to make a "Sucessful Bussiness"
This would probably help yoshi more than us
I HAVE BEEN MAKING LOSSES TRADING MYSELF...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade
I will advice you should
stop trading on your own if you keep losing and start trading with Mrs Laura Morgan trading services
I lost £1200 carelessly trading on a
platform then I was referred to Mrs Laura Morgan she recovered the loss and made an extra profit of £4600
Wow I'm just shock you mentioned and recommended Expert Mrs Laura I thought I'm the only trading with her
I'm so happy for taking the bold step in working and investing $2000 with Expert Mrs Laura after a week I received $19,680 to my bank
Tax Evasion = Illegal.
Tax Avoidance = Legal.
Learn the difference.
Ok but is tax avoidance morally correct
@@tectonical5347 Yes its moral because it's money that you earned. You should benefit from your own labor.
Plus if you want to talk morality. In England, income tax was supposed to be a temporary measure to fund the Napoleonic wars. In America, income tax was introduced during the civil war but was scrapped and only reintroduced in 1913 . This was only a 1% tax rate and applied to only 3% of the population.
I would argue it's immoral to have taxes in the first place, but if they exist anything more than 1% is immoral. If you think that's ridiculous, I lived in Dubai for a few years. They have zero income tax and zero capital gains and they have a functioning country with welfare for it's citizens.
2:01 - Wrong. The government depends on tax dollars to guarantee interest payments on the National Debt. The government is financed almost entirely by inflation.
Despite the economy crisis, this is still a good time to invest in stock and crypto.
Investing in this economy crisis will be one of the best thing to do this year.
8:50 whats the movie name?
I say good on them.
The feds spend money like a drunken sailor.
But if they don't pay taxes, the government will spend more of your money instead. Or worse, they'll defund services you depend on.
@@andrasbiro3007 Good. They need to de-fund a huge portion of the government. Schools have been on the decline ever since they went public and their students were given guaranteed loans. Social security and medicare are going to fall off a massive cliff. Businesses are lobbying in the tens of millions to create laws that ensure they never fail or receive competition as a sort of Psuedo-monopoly, thousands of small projects and unimportant research funds are sucking dozens of billions of dollars out of the government's pockets every year while our economy hits recession after recession like it's football season and the government just goes "Haha, federal reserve money printer goes brrrr" as the US dollar loses its value until one day Americans are gonna find out that the savings they stash today are going to be chump change in the future. If you're a young person in America right now you should be concerned because if things continue the way that they are this economy is not going to get any better at all by the time you look to retire.
You do realise that all this will do is that it will make the government either tax you more or they will defund things that help you?
@@Koubles
You have an uniquely twisted idea on the world. You seem to be aware of the bad things that are happening, but you sound like you think they are good? Very confusing.
Let's go through the list.
1. Schools are on the decline since republicans are defunding them as much as they can, to help private schools which are often scamming students.
2. Yes, social security and medicare are under constant attack from republicans. And that's an existential threat for the country. When a large part of the population loses all hope, they'll grab pitchforks, or in the case of America, assault riffles and will take what they feel is their fair share.
3. Yes, large corporations can legally bribe politicians and essentially write the laws themselves, which leads to monopolies or oligopolies. Why exactly do you think this is a good thing?
4. Yes, small businesses and small research projects are getting killed. So innovation slows to a grinding halt, because big corporations can't and don't even want to innovate, with maybe a few exceptions. Without innovation the US will lose it's technological lead and with that it's economic power, and with that it's political influence and military superiority too. And China is happy to take the role of world leader. In fact, it's already happening.
5. Recessions are caused by greedy banks doing risky investments, big corporations buying back shares instead of keeping a healthy cash cushion and politicians giving huge tax cuts to the rich and big corporations and wasting even more money on the military, instead of reinforcing social security and paying back their debt, which would help tremendously in a recession, or even prevent it. Interestingly European countries don't experience recessions.
6. Yes, since 2008 the government completely gave up on any resemblance on fiscal responsibility and just printing money all the time. This has of course many pretty bad consequences, especially when that money goes to big banks and big corporations, not average Joe. And yes, that's going to destroy your savings.
7. No the economy isn't getting better since the seventies, it's getting worse. Many economist are saying that since 2008 the US economy is on life support. And that's before the pandemic which caused an unprecedented GDP drop, extremely high unemployment and countless bankruptcies. I don't know how will the US even survive this clusterfuck.
@@andrasbiro3007 there is no point to talk with lolbertarians it's a meme ideology, just tell them to go live in Somalia, and that taxes are a social contract and that they have to obey, and then watch them fall on their own words
FBI Agent: "Message b-T449: Add Jake to the blacklist he knows too much"
I'd love to see a video on how to launder money or keep money in the family using trust funds
So we going to Puerto Rico??
Dante: Tax evasion is a crime Vergil
Vergil: It's an obligation
Since 2018, the AEOI (automatic exchange of information) have been implemented under the CRS (Common Reporting Standard) from OECD which oblige the banks to know their customer and report them to their country of residence. You can't hide behind Nominees as you have to disclose the name of your ultimate beneficiary to the bank. I'm not even discussing the AML- CFT rules that put even more pressure on the banks and make your life hell if you try to open a bank account in one of those offshore jurisdictions. Malta and Panama are 2 interesting jurisdictions but they both signed the CRS so you have zero anonymity. What you are saying was one day possible but nowadays you have to be MUCH more creative to evade money. As non american though, Delaware is interesting because we can do exactly what you described without being reported as US didn't sign the CRS.
Cook Islands says hello to zero anonymity
Exactly, your last sentence explains everything. The same rules/legislation they have for Delaware has been modified even more in South Dakota. In effect a shell company can own another shell company. That's where all of the new ill begotten money is going.
Thank you Jake for introducing me to Extra. Once my credit is snatched I’ll feel like a boss and ditch this Nissan and trade my chihuahua in for a poodle. 🥂🐩👛
I've been graced with another one of your videos! The emperor shines upon me today
@jaketran you have become one of my favourite TH-camrs keep up the good work!
FYI, the women who leaked Panama Papers had an accident where her car blew into pieces, killing her.
Me, out loud: Oh Tax Evasion? Nice
How to evade taxes illegally.
Step 1 : Don’t pay
Jake: "you shouldn't avoid taxes because it's ba..🤣🤣🤣🤣🤣"
Government: "🤦♂️am I a joke to you"
The ultimate way to stop the process, make it public knowledge. The cost goes up and fewer people can use it.
Jake Tran is like the channel u need to watch if ur rlly willing to become a millionaire
Jake, I know that by doing research you often find nuggets of info that could be used for content but not necessary for the project/topic you're researching but interesting nonetheless, would you consider making or outsourcing (team, partner/employee
Jake talks about rich ppl evading taxes
IRS Agents tryna catch tax evaders: "WRITE THAT DOWN, WRITE THAT DOWN, WRITE THAT DOWN!"
lol
Delightful😁 i dont know who need to hear this but saving money wont make you a millionaire investing will, so take out some money and invest, but invest wisely
I recently got into forex trading and im already marveling over the profits I'm making, I'm like " how the hell have i been sleeping on this
@Lucas Hudson How do i start investing in crypto currency
@Lucas Hudson Can you help me trade please?
@Lucas Hudson Thank you, i will write her immediately
Forex trading makes you rich if you have huge funds with deep pocket or unusually skilled currency trader
The Laundromat - SUCH an underrated movie.
lets be honest, if we were rich, we would know these without watching this video
No u would not
2:15 I mean at the State and local level yes, at the Fed level? ever since 1972, the power of money making is in Congress.
Taxation is just a deflationary effort to ensure we don't make the dollar worthless by printing too much and leaving too many dollars in circulation.
as long as Congress Spends, and the IRS taxes the right way? the system works.
but not everyone likes paying Taxes. i can understand, with how backwards everything is right now.
Roth Conversions are one of the most important tax strategies out there
Hey Jake thanks for the vids
THANKS DUDE!!
Your transitions are so smooth, loving the video quality!
The yt workers when I watch this video right as I finished the monopoly video.
Jake always remember the ones who have been with you from the start. Goodluck brother
Anyone here after the "pandora's papers" leak
Hey Jake just wanted to say I love your video format and the class that bleeds from it. You're eloquently spoken and the visuals are always top notch... Cheers!
this man is literally giving free ideas how to launder money evade taxes racketeering and much more.
The amount of sarcasm in the first minute of this video made me physically ill 🤣🤣🤣
Thanks Jake! Now I know how to avoid taxes 😂
THANKS DUDE!!
the intro is literally accurate. that's exactly how I see it. ill do it legally tho lol
I wonder how the Chinese companies do all this.
taxation is theft; there's nothing wrong with protecting YOUR money
I was always puzzled as to why such a brilliant TH-cam channel is not at 100k subscribers. And that was late last year. This is my favorite channel.
THANKS DUDE!!
Heyy, I'm pretty sure I recommended this on the Discord.
Spend so much life in laundering and hiding your money that at the end you forget to live your life
I remember when we were at 30k subs and look at us!!! Don't forget me man love your videos 🙂
THANKS DUDE!!
Meanwhile CIA and Chinese MSS secretly collabing how to "suicide" Jake..
hmmm...so that's how I can hide my 314.56$. Interesting
Thanks for the tips bro
11:57 I already failed at step number 1
finally found the video yoshi watched before making that rap
This is quite interesting and informative but After earning thousands USD on investing with a reliable company, I dare not doubt the trade market, with the right skill you'll be making a fortune off the market
Hello How do you earn ??? which strategy do you use ??? please share your idea
Having a very good investment plan that ensures steady incomes without any doubts you can prepare for a well organized future, even in retirement. I made over $16,000 investing in Bitcoin/ Forex market. Mr. Briggs Donald is the expert who assists me. We met at a trading conference and he accepted to trade for me.
Wow what a coincidence so you invested with Mr. Briggs Donald also? This man is really dominating the trading zone with his profitable strategies, I’m getting to understand the market properly.
Working with Briggs Donald I see how broad and profitable trading the online market can be. I’m most pleased to be under his mentorship.
Hello i really need something to invest in and heard bitcoin is really profitable now, are you guys saying Mr. Briggs Donald is that good? how can i reach him please I'm interested.
@@cxaservices8376 I'm not bragging a trial will definitely prove, you can reach him via mail at,,< briggsdonald 023 @gmail. com >
0% Tax, now that's the dream.
Yep.
Thanks a lot, jake. You are awesome
Yes ILL BE THE BEST CRIMINAL EVERRRRR!!!
say that out aloud and you'll be in no time
Interesting theme. Interesting video. But this is how accountant get rich
THANKS DUDE!!
Lets be real here, no one here is going to end up avoiding taxes nor start a business...
I would advise you Invest in the most secure platform with Sir Adams. He comes highly recommended and those that have reached out have great testimonies even myselfExpert Adams has changed my life he has handled my Trading account for a long time now(3months) and I make my maximum profit weekly
Expert Adams can help you out just reach out to him directly on WhatsApp he is a professional trader .
+ 1 8 0 8 3 2 0 1 8 1 3
STFU you guru little fucker... I hope you get covid and fuck off..
@@MelonPython are you frustrated?
You're editing is INSANE🤯
JAKE. TRON.DOES. NOT. MISS.
The channel should have so much more subscribers!
THANKS DUDE!!
When the 99.9% that owns less then 20% of all the currency pays more in taxes then the 0.1% that owns 80% of the current currency in circulation.
A video on the profitable business of stealing land illegally in palestine
Hahahaha good one , u quite butthurt innit
Or a video how corrupt Palestinian politicians don’t want the good of their people only stealing money that is supposed to go the Palestinians and putting it in to their pockets or the fact the Mahmoud Abbas is in his 15th year in power of a 4 year term..🤣
Joseph Friedman there no denying that corruptions happens but go look at the charges against your prime minister rn lmao he’s facing corruption harvest that’s the only reason he wants to annex land quickly and the peace deal with the uae saves him also Ehud Olmert was convicted for bribery lmao moshe katsav of rape and countless ministers of your for other stuff so stfu
vlad paul costache nah not really I mean payback is ik it’s way so I’m good
Joseph Friedman also forgot about how Mahmood ahad is in his 15 year, about that it is what it is eventually he’ll have to leave someday so
Weed+snacks+Jakevideos are better than British tear party
LOLOL
Paying taxes or not paying taxes , people lose either way , either their country is poor and cant develope , or money goes to power hungry people in charge...